Going into the monthly timeframe we see that we are in the corrective phase after the impulsive. On the weekly timeframe price broke the high at 1.34197 that is the area of value. Based on strategy we focus on how price is breaking that area and two bull candles. On the 1 hour timeframe price form a reversal pattern breaking the high indicating a selling pressure coming into the market. Entry will base on three ways but I only forecast two of the entry either the complete of the 1 hour structure or the double top as you see. Please this is my point of view.
Penafian
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